Stock option strike and forward prices will be adjusted according to the Rules and Regulations of NASDAQ OMX Derivatives Markets 4.43. if the dividend amount exceeds 5% of the stock price (vwap) on the day before the ex-date. The forward/future and option series will be assigned new ISIN and marked with the letter X for deviating contract specifications. Please note that the above only apply for derivatives with Oslo Børs as primary exchange. Orkla (ORK) Proposed dividend of NOK 2.25 currently around 4.7% of the ORK price. Yara International (YAR) Proposed dividend of NOK 4.50 currently around 2.0% of the YAR price. Statoil (STL) Proposed dividend of NOK 6.00 currently around 4.6% of the STL price. For further details, please see the attached file.
OSLO BØRS DERIVATIVES: POSSIBLE ADJUSTMENTS FOR DIVIDENDS ON DERIVATIVES WITH OSLO BØRS AS PRIMARY EXCHANGE (10/10)
| Source: Derivatives